Chicago Equity Partners LLC boosted its holdings in shares of Diodes Incorporated (NASDAQ:DIOD) by 160.7% in the fourth quarter, Holdings Channel reports. The fund owned 81,389 shares of the semiconductor company’s stock after buying an additional 50,174 shares during the quarter. Chicago Equity Partners LLC’s holdings in Diodes were worth $2,333,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. SG Americas Securities LLC acquired a new position in Diodes during the third quarter worth about $167,000. Crossmark Global Holdings Inc. acquired a new position in Diodes during the third quarter worth about $206,000. Piedmont Investment Advisors LLC acquired a new position in Diodes during the third quarter worth about $250,000. Virtu KCG Holdings LLC raised its position in Diodes by 8.0% during the second quarter. Virtu KCG Holdings LLC now owns 10,997 shares of the semiconductor company’s stock worth $264,000 after acquiring an additional 815 shares during the last quarter. Finally, Cigna Investments Inc. New raised its position in Diodes by 19.0% during the fourth quarter. Cigna Investments Inc. New now owns 17,162 shares of the semiconductor company’s stock worth $491,000 after acquiring an additional 2,744 shares during the last quarter. Institutional investors own 74.74% of the company’s stock.

In other news, SVP Mark A. King sold 10,169 shares of the business’s stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $31.80, for a total value of $323,374.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Semiconductor Corp Lite-On sold 28,734 shares of the business’s stock in a transaction that occurred on Monday, November 27th. The shares were sold at an average price of $31.35, for a total transaction of $900,810.90. Following the completion of the transaction, the insider now directly owns 7,791,759 shares of the company’s stock, valued at approximately $244,271,644.65. The disclosure for this sale can be found here. In the last three months, insiders sold 136,078 shares of company stock valued at $4,254,815. Company insiders own 7.00% of the company’s stock.

A number of brokerages have issued reports on DIOD. BidaskClub upgraded shares of Diodes from a “sell” rating to a “hold” rating in a research report on Saturday, January 20th. Zacks Investment Research upgraded shares of Diodes from a “sell” rating to a “hold” rating in a research report on Tuesday, January 2nd. Sidoti upgraded shares of Diodes from a “neutral” rating to a “buy” rating and set a $36.00 target price for the company in a research report on Thursday, December 14th. They noted that the move was a valuation call. ValuEngine cut shares of Diodes from a “buy” rating to a “hold” rating in a research report on Wednesday, November 15th. Finally, Benchmark cut shares of Diodes from a “buy” rating to a “hold” rating in a research report on Monday, October 30th. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Diodes currently has an average rating of “Hold” and an average target price of $37.00.

Diodes Incorporated (NASDAQ:DIOD) opened at $27.00 on Tuesday. The company has a debt-to-equity ratio of 0.34, a current ratio of 3.12 and a quick ratio of 2.18. The firm has a market cap of $1,320.00, a P/E ratio of 45.00 and a beta of 1.05. Diodes Incorporated has a 52-week low of $22.06 and a 52-week high of $35.36.

Diodes (NASDAQ:DIOD) last posted its quarterly earnings data on Tuesday, November 7th. The semiconductor company reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.44 by $0.01. The business had revenue of $285.20 million during the quarter, compared to analyst estimates of $281.66 million. Diodes had a net margin of 2.96% and a return on equity of 6.44%. The company’s revenue was up 13.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.30 earnings per share. analysts forecast that Diodes Incorporated will post 1.35 EPS for the current year.

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About Diodes

Diodes Incorporated is a manufacturer and supplier of application-specific standard products within the discrete, logic, analog and mixed-signal semiconductor markets, serving the consumer electronics, computing, communications, industrial and automotive markets. The Company’s products include diodes; rectifiers; transistors; metal-oxide semiconductor field-effect transistors (MOSFETs); protection devices; amplifiers and comparators; Hall-effect and temperature sensors, and power management devices, including light emitting diode (LED) drivers, alternating current (AC)-direct current (DC) and DC-DC switching, linear voltage regulators and voltage references, along with special function devices, such as universal serial bus (USB) power switches, load switches, voltage supervisors and motor controllers.

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Institutional Ownership by Quarter for Diodes (NASDAQ:DIOD)

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